HawkEye 360, a Herndon, VA-based defense technology company providing global knowledge of human activity and trends derived from radio frequency (RF) geospatial intelligence, raised $58M in Series D-1 funding.
The round was led by BlackRock (NYSE: BLK) with additional funding from Manhattan Venture Partners and existing investors including Insight Partners, NightDragon, Strategic Development Fund (SDF), Razor’s Edge, Alumni Ventures, and Adage Capital.
The company intends to use the funds to develop new space systems and expand analytics that support high-value defense missions.
Led by CEO John Serafini, HawkEye 360 is a defense technology company providing global knowledge of human activity and trends derived from revolutionary radio frequency (RF) geospatial intelligence. Its space-based technology was developed to detect, characterize, and geolocate a broad range of RF signals. These RF data and analytics allow analysts to detect the first glimpse of suspicious behavior, trace the first sign of adversarial activity, and reveal the first sighting of ships attempting to vanish. Its RF intelligence presents a quicker grasp of critical events and patterns of life, providing early warnings to drive tip-and-cue efforts, and providing leaders the insights needed to make informed decisions.
HawkEye 360 has 21 satellites in orbit and plans to move to a new Block 3 satellite architecture starting with Cluster 14 and beyond. The company is also investing further in artificial intelligence, data fusion, and multi-intelligence orchestration to extract value from the large amount of RF data being collected.
FinSMEs
13/07/2023